ECO ANIMAL (Germany) Technical Analysis

LWA Stock  EUR 1.07  0.04  3.60%   
As of the 19th of April, ECO ANIMAL shows the Mean Deviation of 1.18, standard deviation of 2.11, and Coefficient Of Variation of (997.77). Concerning fundamental indicators, the technical analysis model provides you with a way to check possible technical drivers of ECO ANIMAL, as well as the relationship between them. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze thirteen technical drivers for ECO ANIMAL HLTH, which can be compared to its peers. Please confirm ECO ANIMAL HLTH value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if ECO ANIMAL HLTH is priced some-what accurately, providing market reflects its regular price of 1.07 per share.

ECO ANIMAL Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ECO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ECO
  
ECO ANIMAL's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
ECO ANIMAL technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ECO ANIMAL technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ECO ANIMAL trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

ECO ANIMAL HLTH Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ECO ANIMAL HLTH volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ECO ANIMAL HLTH Trend Analysis

Use this graph to draw trend lines for ECO ANIMAL HLTH. You can use it to identify possible trend reversals for ECO ANIMAL as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ECO ANIMAL price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ECO ANIMAL Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ECO ANIMAL HLTH applied against its price change over selected period. The best fit line has a slop of   0.0046  , which may suggest that ECO ANIMAL HLTH market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.81, which is the sum of squared deviations for the predicted ECO ANIMAL price change compared to its average price change.

About ECO ANIMAL Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ECO ANIMAL HLTH on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ECO ANIMAL HLTH based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ECO ANIMAL HLTH price pattern first instead of the macroeconomic environment surrounding ECO ANIMAL HLTH. By analyzing ECO ANIMAL's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ECO ANIMAL's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ECO ANIMAL specific price patterns or momentum indicators. Please read more on our technical analysis page.

ECO ANIMAL April 19, 2024 Technical Indicators

Most technical analysis of ECO help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ECO from various momentum indicators to cycle indicators. When you analyze ECO charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ECO ANIMAL HLTH. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the ECO ANIMAL HLTH information on this page should be used as a complementary analysis to other ECO ANIMAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for ECO Stock analysis

When running ECO ANIMAL's price analysis, check to measure ECO ANIMAL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ECO ANIMAL is operating at the current time. Most of ECO ANIMAL's value examination focuses on studying past and present price action to predict the probability of ECO ANIMAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECO ANIMAL's price. Additionally, you may evaluate how the addition of ECO ANIMAL to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ECO ANIMAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if ECO ANIMAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECO ANIMAL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.